Quarterly report pursuant to Section 13 or 15(d)

Goodwill And Other Intangible Assets

v3.5.0.2
Goodwill And Other Intangible Assets
9 Months Ended
Sep. 30, 2016
Goodwill And Other Intangible Assets [Abstract]  
Goodwill And Other Intangible Assets



NOTE 5.  OTHER INTANGIBLE ASSETS



Indefinite Lived Intangible Assets



The Company owns certain tradenames and trademarks which provide Black Diamond Equipment and PIEPS with the exclusive and perpetual rights to manufacture and sell their respective products.  There was an increase in tradenames and trademarks during the nine months ended September 30, 2016, due to the impact of foreign currency exchange rates.  The following table summarizes the changes in indefinite lived intangible assets:







 

 

 

Balance at December 31, 2015

 

$

22,644 



 

 

 

Impact of foreign currency exchange rates

 

 

85 



 

 

 

Balance at September 30, 2016

 

$

22,729 



 

 

 

Other Intangible Assets, net



Intangible assets such as certain customer relationships, core technologies and product technologies are amortizable over their estimated useful lives.  There was an increase  in gross other intangible assets subject to amortization during the nine months ended September 30, 2016 due to the impact of foreign currency exchange rates.  The following table summarizes the changes in gross other intangible assets:









 

 

 

Gross balance at December 31, 2015

 

$

17,130 



 

 

 

Impact of foreign currency exchange rates

 

 

123 



 

 

 

Gross balance at September 30, 2016

 

$

17,253 



 

 

 















Other intangible assets, net of amortization as of September 30, 2016 and December 31, 2015, were as follows:







 

 

 

 

 

 



 

September 30, 2016

 

December 31, 2015



 

 

 

 

 

 

Customer lists and relationships

 

$

14,094 

 

$

14,026 

Product technologies

 

 

2,212 

 

 

2,157 

Core technologies

 

 

947 

 

 

947 



 

 

17,253 

 

 

17,130 

Less accumulated amortization

 

 

(7,045)

 

 

(6,196)



 

$

10,208 

 

$

10,934